A new fund based in Abu Dhabi to accelerate clean tech has just closed its first round of financing. Masdar City is expected to get a big boost. Abu Dhabi’s “Masdar Clean Tech Fund” just completed its first closure, and was successful in raising an impressive $265 million. The fund is co-managed by Masdar Venture Capital […]
Wael looks into the horizon (on Mount Nebo, Jordan) and sees a new “green” economy that could radically improve life for Palestinians. The Marda Permaculture Farm is a working farm and a demonstration site for permaculture principles, techniques and strategies in the West Bank, Palestinian Authority. Based in the community of Marda, the project promotes […]
After a burning hot run, Israel’s solar energy business doesn’t look so hot right now. Hundreds of solar-related jobs at stake. Not long after local and foreign companies made investments in Israeli solar energy installations to benefit from the very attractive feed-in tariff, a sudden announcement by the Israel Electric Company (IEC) states that its […]
The Eilat-Eilot International Renewable Energy Conference reports that the Toronto Stock Exchange (the TSX) is looking to develop relationships with Israeli clean tech companies. The Toronto Stock Exchange offers the world’s largest market for clean tech companies, and the world’s eighth largest stock exchange, according to the release. Israeli companies, especially hi-tech and biotech companies […]
During the week of October 25, 2009, SolarEdge announced it raised $23 million in funding from General Electric (GE) and other investors. The deal was identified by BusinessWeek as one of the signs that Israel can become a leader in renewable energy. Sunday Energy and Ormat are collaborating on a solar energy project in Israel […]
Future investors in Israeli businesses may be able to judge a company by its green record. According to the Jerusalem Post, last week the Environmental Protection Ministry, financial groups, the European Commission green and the green umbrella organization Life and the Environment, got together to hash over a green metric system. Opinion writer Asher Meir noted […]
Last week we had news that Gaza and Israel are smoking a peace pipe for water. Now this is more news that should bring a smile to the face of every leader in the Middle East: A true regional partnership, brokered by three peace foundations – that is about to reduce biomass pollution for Israelis, […]
The 1980s pop icon Morrissey said that every day is like Sunday, silent and grey. But an Israeli solar energy company has taken the first day of the week in the Hebrew calendar and used it for more optimistic purposes: They named their company Sunday Energy, in appreciation of the power packed into the sun. With […]
The Israeli Electric Corporation, otherwise known as Hevrat HaHashmal, has agreed to participate in what are known as feed-in tariffs for electricity supplied by independent private suppliers. It’s part of Israel’s bid to reduce its greenhouse gas emissions by 20% by 2020. Feed-in tariffs apply to electricity that is supplied by renewable or “clean” sources such […]
Israel Cleantech Ventures and Capricorn Venture Partners announced today that they have invested $6 million in FRX Polymers, the manufacturer of a new, environmentally friendly family of inherently flame retardant plastics. FRX’s products are finding markets as polymeric flame retardant additives and as “stand-alone” inherently flame retardant engineering plastics. FRX Polymers is currently in the […]
During the week of June 28, 2009, news was reported that cleantech investments during the second quarter improved. Israel’s Cleantech 2009 took place and focused on water projects and renewable energy while Israeli researchers are desainating sewage for agricultural use. For these stories and the rest of this week’s 7 cleantech headlines, see below. Investing […]
Cellulosic ethanol has often been viewed as the class of ethanol with the most promise, as it converts agriculture and forestry wastes, city sewage treatment wastes, and free growing and specially grown grasses, into usable fuel. While cellulosic ethanol has the advantage of using a variety of materials that would otherwise be waste products, the […]
On June 4 in Los Angeles, the Israel Conference will spotlight Israeli clean tech, medical tech, high tech and more. Investors coming to the event represent about $20 billion in funds. “Many Los Angeles and California business leaders and entrepreneurs will have their first opportunity to see first what Israeli companies, technologists and investors can […]
The Pope was in Israel earlier this month, bringing with him thousands of Catholic pilgrims (and a request from environmentalists to help clean the Jordan River). A week later 40 investors from the California region came on a different kind of pilgrimage to Israel – to see the world-famous clean technology opportunities Israeli entrepreneurs have […]
Just when we thought the whole world was in an economic slump: The Jewish Funders Network just announced a $750,000 pool of funds earmarked to match first-time major gifts by JFN members to Israeli non-profit environmental organizations, according to eJewish Philanthropy. The Jewish Funders Network and the Richard and Rhoda Goldman Fund Matching Grant Initiative for […]